Taking each of each of the three separately describe the, Ask an Expert

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1) In MYOB under Setup Preferences Security various items are given which Administrator can select to implement or not. Three of these are:

a) Transactions cannot be changed, they should be reversed)
b) Prompt for backup when closing ?
c) Use Audit Trail Tracking (System-wide)

Taking each of each of the three separately, describe the main risk that options are set up to prevent and recognize the kinds of control involved. You may use examples to show answers. For each option explain whether they muat be matter of choice or mandatory."

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